Shares of McEwen Mining Inc. (NYSE:MUX) opened at $1.75, and ended 8.77% higher at $1.86. Nearly 4795000 shares were traded by the close, higher than its average daily volume of 2715560 shares.McEwen Mining Inc. (MUX) Analyst Opinion
McEwen Mining Inc. is currently rated as outperform by 4 stock analysts, with the company still having around 16.35% shares outstanding that can be sold short legally. The value of their shares went up by 16.25% last month. Over the course of a year, the stock has grown by 2.2%. Financial analysts are becoming more bullish than ever, with the 4 analysts who cover the activities of MUX advising investors to buy. Experts on Wall Street have set a price target of $2.63 for the stock. The decision was arrived after looking at their 41.4% gain from current levels. At the moment, McEwen Mining Inc. (MUX) trading price is around -26.19% below its 52-week high.McEwen Mining Inc. Earnings Surprise
McEwen Mining Inc. (MUX) was successful in overcoming the expected -$0.04 as the stock recorded an earnings of -$0.03 a piece during their last financial report presentation. Revenue, meanwhile, had a distance of -13.76% from the previous quarter, with the company recording $22.82 million in revenue.McEwen Mining Inc. (NYSE:MUX) Intraday View
The shares of McEwen Mining Inc. (NYSE:MUX) have struggled and recovered 51.22% ever since it recorded its 52 week low. During the course of 5 days, the stock price volatility has remained at 5.85%, increasing the time frame to a month, the volatility recorded was 5.97%. The price of their shares has been successful in staying above its 20 day-moving average, staying at a distance of 7.92% and while its 50-day moving average is around 20.89%. In a look at the previous five trading session MUX stock has returned 9.41% and has spiked 7.94% when compared to its 200-day moving average that is $1.6235. McEwen Mining Inc. (MUX) will look to overcome its -15.84% fall that it witnessed in the past year.
As the normal trading session ended, the stock of General Mills, Inc. (NYSE:GIS), fetched in a $0.19 spike to $53.05. The session began with the stock price at $52.66, hitting a high of $53.11 before down again. For the week, analysts seem to be okay with their neutral with the consensus call staying at 2.8. General Mills, Inc. gets 4 buy analyst recommendations while 12 recommend a hold and 0 rated it as a sell. The shares of the company tumbled -3.09% from its high $54.74, with their overall market value now roughly $32.49 billion.General Mills, Inc. (GIS) Consensus Price Target
The mean recommendation of GIS on Reuter’s scale remained unchanged from 2.67 to 2.67 within 30 days. This figure implies that the majority of analysts rate it as a hold. The price target for General Mills, Inc. (NYSE:GIS) is now around $53.19 a share, implying the stock has what it takes to grow by 0.26%. The recent trading session also indicated the stock needs to add 22.53% more meet analysts’ high consensus price target.General Mills, Inc. (NYSE:GIS) Intraday Trading
The current trading volume of the company was 3583308 shares during the last session. That compares with the recent average volume of 4272500 shares. By the end of the regular trading session, the price volatility over a 1-week span was 1.8 % while over a month it stood at 2.08%. The stock price of GIS dropped to $52.43 during the day and at a certain time in 12 months it traded as low as $36.42. It has made a 45.66% recovery since its 52-week low point and has returned 36.24% year-to-date. [T3]